3911 Martha Ave Toledo, OH 43612
This exceptional 6,190 square foot office building, located at 3911 Martha Avenue in Toledo, Ohio, presents a unique investment opportunity for owner-users. The property, a former church rectory, boasts a blend of traditional and creative office space, ideal for a variety of businesses. The building, a three-story Class B structure renovated in 2010, is currently vacant and offered for sale at $247,600 ($40 per square foot). The first floor features a reception lobby, four offices, a restroom, conference room, workroom, kitchen, and an enclosed porch. The second floor offers seven rooms, storage closets, three restrooms, and another enclosed porch. The third floor includes two offices and a restroom. The building features attractive architectural details including wood paneling, trim, and hardwood floors. The property also includes an adjoining 6,524 square foot building, currently in disrepair, which presents potential for additional parking or renovation. This prime location offers convenient access to I-75 and Phillips Avenue, near Mancy's Original Steakhouse. The property is zoned CO and is being sold as-is. The sale includes the land, which will be separated from the adjacent 3887 Martha Avenue property. This is a rare opportunity to acquire a well-located, versatile office building with significant potential.
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Leona Group Oh Corporate High School
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.